GST levy on Sale of flats by Member of Society before completion

By | January 15, 2018
(Last Updated On: January 15, 2018)

So many Societies in Mumbai (Maharashtra), where the Members of the Society has taken possession of the flat and have not obtain Completion Certificate from BMC. Whether the sale of residential flat by member post 30-6-17 will be liable for GST?

Refer

SCHEDULE II of CGST Act 2017

ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES

  1. Supply of services

The following shall be treated as supply of services, namely:—

(bconstruction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate, where required, by the competent authority or after its first occupation, whichever is earlier.

If individual member make sales, then no GST as he is not providing any construction service

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